The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Echo1, you are so right. But we have to believe that the market will wake up to this one at some point....it just needs some sustained buying pressure and who ever is selling into the rise to get out once and for all.....
I see a few more twitter messages going out today. It's very good keeping us updated.
And it seems the price is slowly creeping up, maybe in anticipation of drill results. Hopefully it can keep it this time. It does seem every time we get some action someone sells into the price and it drops back to these levels. Although I don't mind. It drops below 1p and I buy....like it.
So fake ad aside, do we think this share still has the potential to move forward, having recently gone to 9p…..
Looks like we might have a selller in the background as the price seems to be kept at around 5p….might be the same people that we had the TR1 for the other day….
But in the same breath seems like others are buying in and some good news flow….
So more news this morning which gives a better breakdown of the deal plus what the money earned will be used for and still no movement…..very surprised. Maybe it is a case of people waiting for the 1st £20m to land before it will rise….
I get what the long term holders are saying and to be frank they are correct in their conclusions around the Directors.....murky waters , but I do still think there is potential here. The market got scared with the dilution and the way it's was done.
But for me there is still a good deal on the table and some new business. So I will wait till the dust settle a bit and buy some more.....we will see if that was the correct decision in a few months...